Brokerages Set The Simply Good Foods Company (NASDAQ:SMPL) Target Price at $14.45

The Simply Good Foods Company (NASDAQ:SMPLGet Free Report) has been given an average recommendation of “Hold” by the thirteen ratings firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $14.4545.

Several equities research analysts have recently weighed in on SMPL shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $14.00 price target on shares of Simply Good Foods in a report on Friday, July 10th. Sanford C. Bernstein cut Simply Good Foods from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $17.00 to $12.00 in a report on Wednesday, June 3rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Simply Good Foods in a research report on Thursday, June 18th. DA Davidson reduced their target price on Simply Good Foods from $39.00 to $14.00 and set a “neutral” rating on the stock in a research note on Friday, July 10th. Finally, Mizuho set a $19.00 target price on Simply Good Foods in a research report on Monday, May 4th.

Read Our Latest Analysis on SMPL

Key Headlines Impacting Simply Good Foods

Here are the key news stories impacting Simply Good Foods this week:

  • Negative Sentiment: The lawsuits allege that Simply Good Foods and certain executives made material misstatements or omissions about the company’s strategy and the integration of OWYN, an acquired business. The filings claim that integration problems were already occurring while the company’s disclosures presented them only as potential risks. Kessler Topaz securities fraud class action notice
  • Negative Sentiment: Investor-rights firms allege the disclosures contributed to a stock decline of more than 27%, with one notice stating that SMPL fell from above $40 to below $11. These are allegations, and the company’s liability has not been established in court. Levi and Korsinsky class action alert
  • Neutral Sentiment: Several law firms—including Glancy Prongay Wolke & Rotter, Kahn Swick & Foti, Bronstein Gewirtz & Grossman, Kaplan Fox, Rosen, and Kessler Topaz—are seeking lead plaintiffs. Investors generally have until October 13, 2026 to seek lead-plaintiff status; the notices do not represent new operating or financial results for Simply Good Foods. Kahn Swick and Foti class action notice

Simply Good Foods Stock Performance

Shares of NASDAQ:SMPL opened at $11.45 on Friday. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of -5.28 and a beta of 0.15. Simply Good Foods has a 12 month low of $9.88 and a 12 month high of $28.97. The firm’s 50-day moving average is $11.59 and its 200 day moving average is $12.85. The company has a current ratio of 4.80, a quick ratio of 3.10 and a debt-to-equity ratio of 0.28.

Simply Good Foods (NASDAQ:SMPLGet Free Report) last announced its quarterly earnings data on Thursday, July 9th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.07. Simply Good Foods had a negative net margin of 14.28% and a positive return on equity of 9.34%. The business had revenue of $356.98 million during the quarter, compared to the consensus estimate of $332.99 million. During the same quarter last year, the firm earned $0.51 earnings per share. The firm’s quarterly revenue was down 6.3% compared to the same quarter last year. Research analysts predict that Simply Good Foods will post 1.54 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SMPL. Public Employees Retirement System of Ohio bought a new stake in Simply Good Foods during the 2nd quarter valued at about $30,000. EverSource Wealth Advisors LLC grew its stake in Simply Good Foods by 125.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 967 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 538 shares in the last quarter. Leonteq Securities AG grew its stake in Simply Good Foods by 96.2% in the 1st quarter. Leonteq Securities AG now owns 2,309 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 1,132 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of Simply Good Foods by 82.3% during the fourth quarter. Hantz Financial Services Inc. now owns 1,787 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 807 shares during the period. Finally, Johnson Financial Group Inc. purchased a new position in shares of Simply Good Foods during the third quarter worth approximately $36,000. Hedge funds and other institutional investors own 88.45% of the company’s stock.

About Simply Good Foods

(Get Free Report)

Simply Good Foods Co (NASDAQ: SMPL) is a North American consumer packaged foods company specializing in better-for-you nutrition products. The company’s portfolio centers on two well-established brands, Atkins and Quest, which offer a range of low-carbohydrate, high-protein bars, powders, shakes, and snacks. Simply Good Foods aims to support consumers’ health and wellness goals by delivering convenient, nutrient-dense options without added sugars or artificial sweeteners.

Under the Atkins brand, the company produces meal replacements, snack bars, and ready-to-drink shakes designed for low-carb dieters.

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Analyst Recommendations for Simply Good Foods (NASDAQ:SMPL)

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